1617 N 35th Avenue Melrose Park, IL $ 625,000
1617 N 35th Avenue
$ 625,000
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1617 N 35th Avenue

Melrose Park, IL, 60160
$ 625,000
Bedrooms8 Baths5.2

Monthly Estimate*

$ 3,899

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Multi-Family Home for sale in Melrose Park, IL

for $625,000 with 8 bedrooms and 5 full baths, 2 half baths. This home was built in 1971.

INVESTOR ALERT! Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and offers excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1619 N 35th Ave is also available and includes a 2-car garage, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.

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Multi-Family Active

Price

$ 625,000

Bedrooms

8

Full Bath

5

Half Bath

2

Property Type

Multi-Family

Taxes

$ 11,525

Style

Year Built

1971

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12484485

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Construction Materials Brick
Year Built 1971
Township Leyden
Tax Year 2023
Ownership Fee Simple
Gross Income 44400
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status Active
Directions North Ave. to 35th Ave. south to property
City Melrose Park
High School District 209
MLS Area Melrose Park
Tax Annual Amount 11525
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 89
Elementary School District 89
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Interior
Basement Unfinished Partial
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 2
Total Number of Units 3
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Exterior
Parking Features Assigned On Site Owned
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 40X120
Waterfront Y/N N
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* Excluded Features
List By
Citypoint Illinois Llc

Broker

klong@citypoint.com

Email

Affordability Calculator

$4,860
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$960
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564958 Elementary School
567770 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2025$625,000 Listed Price

Map


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1617 N 35th Avenue, Melrose Park, IL, 60160 is a Multi-Family Home for sale at $625,000. 1617 N 35th Avenue has 8 bedrooms, 5.2 baths, and was built in 1971. The property's zip code is 60160 which is in Melrose Park, IL